‘It’s about jobs — good-paying union jobs. It’s about workers building our economy back better than before. It’s a whole-of-government approach to put climate change at the center of our domestic, national security, and foreign policy. It’s advancing conservation; revitalizing communities and cities and on the farmlands; and securing environmental justice.’
President Joe Biden equated Climate Day with Jobs Day at the White House because he knows that confronting this existential crisis is also about jobs that will build a sustainable future. Think about it: workers populated Pennsylvania and West Virginia when technology was invented to turn coal into fuel; workers flooded Texas and Oklahoma when oil was discovered. Now we need new sources of energy to replace these archaic, destructive technologies and will redeploy those workers, re-purpose those sites and develop new industries. Long Island will lead a new off-shore wind industry, other places – including farmers and ranchers – will turn their land into a new source of wealth with solar panels and windmills.
Today, President Biden signed executive actions to treat the need to tackle climate change as the national security threat it is, while at the same time countering the Republican claim of a zero-sum game that climate action will cost jobs rather than create millions of jobs. And after Republican presidents and administrations did all they could to erase “climate change” from mission statements, agencies and policies, Biden signed an executive order restoring scientific integrity.
Here are President Biden’s remarks, highlighted: –Karen Rubin/news-photos-features.com
Today is “Climate Day” at the White House which means that today is “Jobs Day” at the White House. We’re talking about American innovation, American products, American labor. And we’re talking about the health of our families and cleaner water, cleaner air, and cleaner communities. We’re talking about national security and America leading the world in a clean energy future.
It’s a future of enormous hope and opportunity. It’s about coming to the moment to deal with this maximum threat that we — that’s now facing us — climate change — with a greater sense of urgency. In my view, we’ve already waited too long to deal with this climate crisis and we can’t wait any longer. We see it with our own eyes, we feel it, we know it in our bones, and it’s time to act.
And I might note, parenthetically: If you notice, the attitude of the American people toward greater impetus on focusing on climate change and doing something about it has increased across the board — Democrat, Republican, independent.
That’s why I’m signing today an executive order to supercharge our administration ambitious plan to confront the existential threat of climate change. And it is an existential threat.
Last year, wildfires burned more than 5,000 acres in the West — as no one knows better than the Vice President, a former Senator from California — an area roughly the size of the entire state of New Jersey. More intense and powerful hurricanes and tropical storms pummeled states across the Gulf Coast and along the East Coast — I can testify to that, from Delaware. Historic floods, severe droughts have ravaged the Midwest. More Americans see and feel the devastation in big cities, small towns, coastlines, and in farmlands, in red states and blue states. And the Defense Department reported that climate change is a direct threat to more than two thirds of the military’s operational critical installations. Two thirds. And so this could — we could — this could well be on the conservative side.
And many climate and health calamities are colliding all at once. It’s not just the pandemic that keeps people inside; it’s poor air quality. Multiple studies have shown that air pollution is associated with an increased risk of death from COVID-19. And just like we need a unified national response to COVID-19, we desperately need a unified national response to the climate crisis because there is a climate crisis.
We must lead global response because neither challenge can be met, as Secretary Kerry has pointed out many times, by the United States alone. We know what to do, we’ve just got to do it.
When we think of climate change, we think of it — this is a case where conscious and convenience cross paths, where dealing with this existential threat to the planet and increasing our economic growth and prosperity are one in the same. When I think of climate change, I think of — and the answers to it — I think of jobs.
A key plank of our Build Back Better Recovery Plan is building a modern, resilient climate infrastructure and clean energy future that will create millions of good-paying union jobs — not 7, 8, 10, 12 dollars an hour, but prevailing wage and benefits.
You know, we can put millions of Americans to work modernizing our water systems, transportation, our energy infrastructure to withstand the impacts of extreme climate. We’ve already reached a point where we’re going to have to live with what it is now. That’s going to require a lot of work all by itself, without it getting any worse.
When we think of renewable energy, we see American manufacturing, American workers racing to lead the global market. We see farmers making American agriculture first in the world to achieve net-zero emissions and gaining new sources of income in the process.
And I want to parenthetically thank the Secretary of Agriculture for helping to put together that program during the campaign.
We see small business and master electricians designing, installing, and innovating energy-conserving technologies and building homes and buildings. And we’re going to reduce electric consumption and save hundreds of thousands of dollars a year in energy costs in the process.
And when the previous administration reversed the Obama-Biden vehicle standard and picked Big Oil companies over American workers, the Biden-Harris administration will not only bring those standards back, we’ll set new, ambitious ones that our workers are ready to meet.
We see these workers building new buildings, installing 500,000 new electric vehicle charging stations across the country as we modernize our highway systems to adapt to the changes that have already taken place. We see American consumers switching to electric vehicles through rebates and incentives, and the residents of our cities and towns breathing cleaner air, and fewer kids living with asthma and dying from it.
And not only that, the federal government owns and maintains an enormous fleet of vehicles, as you all know. With today’s executive order, combined with the Buy American executive order I signed on Monday, we’re going to harness the purchasing power of the federal government to buy clean, zero-emission vehicles that are made and sourced by union workers right here in America.
With everything I just mentioned, this will mean one million new jobs in the American automobile industry. One million. And we’ll do another thing: We’ll take steps towards my goal of achieving 100 percent carbon-pollution-free electric sector by 2035. Transforming the American electric sector to produce power without carbon pollution will be a tremendous spur to job creation and economic competitiveness in the 21st century, not to mention the benefits to our health and to our environment.
Already, 84 percent of all new electric capacity planned to come onto the electric grid this is year is clean energy. Clean energy. Why? Because it’s affordable; because it’s clean; because, in many cases, it’s cheaper. And it’s the way we’re keeping up — they’re keeping up. We’re going to need scientists, the national labs, land-grant universities, historical black colleges and universities to innovate the technologies needed to generate, store, and transmit clean electric — clean electricity across distances, and battery technology, and a whole range of other things.
We need engineers to design them and workers to manufacture them. We need iron workers and welders to install them. Technologies they invent, design, and build will ultimately become cheaper than any other kind of energy, helping us dramatically expand our economy and create more jobs with a cleaner, cleaner environment. And we’ll become the world’s largest exporter of those technologies, creating even more jobs.
You know, we are also — we’re going to build 1.5 million new energy-efficient homes and public housing units that are going to benefit communities three times over: one, by alleviating the affordable housing crisis; two, by increasing energy efficiency; and, three, by reducing the racial wealth gap linked to home ownership.
We’re also going to create more than a quarter million jobs to do things like plug the millions of abandoned oil and gas wells that pose an ongoing threat to the health and safety of our communities. They’re abandoned wells that are open now, and we’re going to put people to work. They’re not going to lose jobs in these areas; they’re going to create jobs. They’re going to get prevailing wage to cap those over a million wells. These aren’t pie-in-the-sky dreams. These are concrete, actionable solutions, and we know how to do this.
The Obama-Biden administration rescued the auto industry and helped them retool. We need solar energy cost-competitive with traditional energy, weatherizing more — we made them cost-competitive, weatherizing more than a million homes.
The Recovery Act of our administration — the Democratic administration –made record clean energy investments: $90 billion. The President asked me to make sure how that money was spent, on everything from smart grid systems to clean energy manufacturing.
Now, the Biden-Harris administration is going to do it again and go beyond. The executive order I’ll be signing establishes a White House Office of Domestic Climate Policy. And it’ll be led by one of America’s most distinguished climate leaders, former EPA Director Gina McCarthy. As the head of the new office and my National Climate Advisor, Gina will chair a National Climate Task Force, made up of many members of our Cabinet, to deliver a whole-of-government approach to the climate crisis.
This is not time for small measures; we need to be bold. So, let me be clear: That includes helping revitalize the economies of coal, oil, and gas, and power plant communities. We have to start by creating new, good-paying jobs, capping those abandoned wells, reclaiming mines, turning old brownfield sites into new hubs of economic growth, creating new, good-paying jobs in those communities where those workers live because they helped build this country.
We’re never going to forget the men and women who dug the coal and built the nation. We’re going to do right by them and make sure they have opportunities to keep building the nation and their own communities and getting paid well for it.
While the whole-of-government approach is necessary, though, it’s not sufficient. We’re going to work with mayors and governors and tribal leaders and business leaders who are stepping up, and the young people organizing and leading the way. My message to those young people is: You have the full capacity and power of the federal government. Your government is going to work with you.
Now, today’s executive order also directs the Secretary of the Interior to stop issuing new oil and gas leases on public lands and offshore waters, wherever possible. We’re going to review and reset the oil and gas leasing program…We’re going to start to properly manage lands and waterways in ways that allow us to protect, preserve them — the full value that they provide for us for future generations.
Let me be clear, and I know this always comes up: We’re not going to ban fracking. We’ll protect jobs and grow jobs, including through stronger standards, like controls from methane leaks and union workers in — willing to install the changes.
Unlike previous administrations, I don’t think the federal government should give handouts to big oil to the tune of $40 billion in fossil fuel subsidies. And I’m going to be going to the Congress asking them to eliminate those subsidies.
We’re going to take money and invest it in clean energy jobs in America — millions of jobs in wind, solar, and carbon capture. In fact, today’s actions are going to help us increase renewable energy production from offshore wind and meet our obligation to be good stewards of our public lands.
It establishes a new, modern-day Civilian Climate Corps — that I called for when I was campaigning — to heal our public lands and make us less vulnerable to wildfires and floods.
Look, this executive order I’m signing today also makes it official that climate change will be at the center of our national security and foreign policy.
As Secretary Kerry — as our Special Presidential Envoy for Climate — with him, the world knows how serious I am about one of America’s — by appointing one of America’s most distinguished statesmen and one of my closest friends, speaking for America on one of the most pressing threats of our time. John was instrumental in negotiating the Paris Climate Agreement that we started to — that we rejoined — this administration rejoined on day one, as I promised.
And today’s executive order will help strengthen that commitment by working with other nations to support the most vulnerable to the impact of climate change and to increase our collective resilience. That includes a summit of world leaders that I’ll convene to address this climate crisis on Earth Day, this year.
In order to establish a new effort to integrate the security implications of climate change as part of our national security and risk assessment and analysis will also be included.
With this executive order, environmental justice will be at the center of all we do addressing the disproportionate health and environmental and economic impacts on communities of color — so-called “fenceline communities” — especially those communities — brown, black, Native American, poor whites. It’s the hard-hit areas like Cancer Alley in Louisiana, or the Route 9 corridor in the state of Delaware.
That’s why we’re going to work to make sure that they receive 40 percent of the benefits of key federal investments in clean energy, clean water, and wastewater infrastructure. Lifting up these communities makes us all stronger as a nation and increases the health of everybody.
Finally, as with our fight against COVID-19, we will listen to the science and protect the integrity of our federal response to the climate crisis.
Earlier this month, I nominated Dr. Eric Lander, a brilliant scientist who is here today, to be the Director of the Office of Science and Technology. I also nominated another brilliant scientist, Dr. Frances Arnold and Dr. Maria Zuber, to co-chair the President’s Council of Advisors on Science and Technology — so-called “PCAST” — that President Eisenhower started six weeks after the launch of Sputnik.
It’s a team of America’s top scientists charged with asking the most American of questions: “What next? What’s the next big breakthrough?” And then helping us make the impossible possible.
Today, I’m signing a presidential memorandum making it clear that we will protect our world-class scientists from political interference and ensure they can think, research, and speak freely and directly to me, the Vice President, and the American people.
To summarize, this executive order — it’s about jobs — good-paying union jobs. It’s about workers building our economy back better than before. It’s a whole-of-government approach to put climate change at the center of our domestic, national security, and foreign policy. It’s advancing conservation; revitalizing communities and cities and in the fa– on the farmlands; and securing environmental justice.
Our plans are ambitious, but we are America. We’re bold. We are unwavering in the pursuit of jobs and innovation, science and discovery. We can do this, we must do this, and we will do this.
Biden-Harris Administration Commits on Climate Change – Creating Jobs, Building Infrastructure, and Delivering Environmental Justice
President Biden took executive action to tackle the climate crisis at home and abroad while creating good-paying union jobs and equitable clean energy future, building modern and sustainable infrastructure, restoring scientific integrity and evidence-based policymaking across the federal government, and re-establishing the President’s Council of Advisors on Science and Technology.
These Executive Orders follow through on President Biden’s promise to take aggressive action to tackle climate change and build on the executive actions that the President took on his first day in office, including rejoining the Paris Agreement and immediate review of harmful rollbacks of standards that protect our air, water, and communities.
President Biden set ambitious goals that will ensure America and the world can meet the urgent demands of the climate crisis, while empowering American workers and businesses to lead a clean energy revolution that achieves a carbon pollution-free power sector by 2035 and puts the United States on an irreversible path to a net-zero economy by 2050. Today’s actions advance those goals and ensure that we are tapping into the talent, grit, and innovation of American workers, revitalizing the U.S. energy sector, conserving our natural resources and leveraging them to help drive our nation toward a clean energy future, creating well-paying jobs with the opportunity to join a union, and delivering justice for communities who have been subjected to environmental harm.
President Biden also signed an important Presidential Memorandum on scientific integrity to send a clear message that the Biden-Harris Administration will protect scientists from political interference and ensure they can think, research, and speak freely to provide valuable information and insights to the American people. Additionally, and in line with the scientific-integrity memorandum’s charge to reestablish scientific advisory committees, President Biden signed an Executive Order re-establishing the President’s Council of Advisors on Science and Technology.
TACKLING THE CLIMATE CRISIS AT HOME AND ABROAD EXECUTIVE ORDER
Today’s Executive Order takes bold steps to combat the climate crisis both at home and throughout the world. In signing this Executive Order, President Biden has directed his Administration to:
Center the Climate Crisis in U.S. Foreign Policy and National Security Considerations
The order clearly establishes climate considerations as an essential element of U.S. foreign policy and national security.
The order affirms that, in implementing – and building on – the Paris Agreement’s objectives, the United States will exercise its leadership to promote a significant increase in global ambition. It makes clear that both significant short-term global emission reductions and net zero global emissions by mid-century – or before – are required to avoid setting the world on a dangerous, potentially catastrophic, climate trajectory.
The order reaffirms that the President will host a Leaders’ Climate Summit on Earth Day, April 22, 2021; that the United States will reconvene the Major Economies Forum; that, to underscore the administration’s commitment to elevating climate in U.S. foreign policy, the President has created a new position, the Special Presidential Envoy for Climate, which will have a seat on the National Security Council, and that it will be a U.S. priority to press for enhanced climate ambition and integration of climate considerations across a wide range of international fora.
The order also kicks off the process of developing the United States’ “nationally determined contribution” – our emission reduction target – under the Paris Agreement, as well as a climate finance plan.
Among numerous other steps aimed at prioritizing climate in U.S. foreign policy and national security, the order directs the Director of National Intelligence to prepare a National Intelligence Estimate on the security implications of climate change, the State Department to prepare a transmittal package to the Senate for the Kigali Amendment to the Montreal Protocol, and all agencies to develop strategies for integrating climate considerations into their international work.
Take a Whole-of-Government Approach to the Climate Crisis
The order formally establishes the White House Office of Domestic Climate Policy – led by the first-ever National Climate Advisor and Deputy National Climate Advisor – creating a central office in the White House that is charged with coordinating and implementing the President’s domestic climate agenda.
The order establishes the National Climate Task Force, assembling leaders from across 21 federal agencies and departments to enable a whole-of-government approach to combatting the climate crisis.
Leverage the Federal Government’s Footprint and Buying Power to Lead by Example
Consistent with the goals of the President’s Build Back Better jobs and economic recovery plan, of which his clean energy jobs plan is a central pillar, the order directs the federal agencies to procure carbon pollution-free electricity and clean, zero-emission vehicles to create good-paying, union jobs and stimulate clean energy industries.
In addition, the order requires those purchases be Made in America, following President Biden’s Buy American executive order. The order also directs agencies to apply and strictly enforce the prevailing wage and benefit guidelines of the Davis Bacon and other acts and encourage Project Labor Agreements. These actions reaffirm that agencies should work to ensure that any jobs created with funds to address the climate crisis are good jobs with a choice to join a union.
The order directs each federal agency to develop a plan to increase the resilience of its facilities and operations to the impacts of climate change and directs relevant agencies to report on ways to expand and improve climate forecast capabilities – helping facilitate public access to climate related information and assisting governments, communities, and businesses in preparing for and adapting to the impacts of climate change.
The order directs the Secretary of the Interior to pause on entering into new oil and natural gas leases on public lands or offshore waters to the extent possible, launch a rigorous review of all existing leasing and permitting practices related to fossil fuel development on public lands and waters, and identify steps that can be taken to double renewable energy production from offshore wind by 2030. The order does not restrict energy activities on lands that the United States holds in trust for Tribes. The Secretary of the Interior will continue to consult with Tribes regarding the development and management of renewable and conventional energy resources, in conformance with the U.S. government’s trust responsibilities.
The order directs federal agencies to eliminate fossil fuel subsidies as consistent with applicable law and identify new opportunities to spur innovation, commercialization, and deployment of clean energy technologies and infrastructure.
Rebuild Our Infrastructure for a Sustainable Economy
The order catalyzes the creation of jobs in construction, manufacturing, engineering and the skilled-trades by directing steps to ensure that every federal infrastructure investment reduces climate pollution and that steps are taken to accelerate clean energy and transmission projects under federal siting and permitting processes in an environmentally sustainable manner.
Advance Conservation, Agriculture, and Reforestation
The order commits to the goal of conserving at least 30 percent of our lands and oceans by 2030 and launches a process for stakeholder engagement from agricultural and forest landowners, fishermen, Tribes, States, Territories, local officials, and others to identify strategies that will result in broad participation.
The order also calls for the establishment of a Civilian Climate Corps Initiative to put a new generation of Americans to work conserving and restoring public lands and waters, increasing reforestation, increasing carbon sequestration in the agricultural sector, protecting biodiversity, improving access to recreation, and addressing the changing climate.
The order directs the Secretary of Agriculture to collect input from farmers, ranchers, and other stakeholders on how to use federal programs to encourage adoption of climate-smart agricultural practices that produce verifiable carbon reductions and sequestrations and create new sources of income and jobs for rural Americans.
Revitalize Energy Communities
The order establishes an Interagency Working Group on Coal and Power Plant Communities and Economic Revitalization, to be co-chaired by the National Climate Advisor and the Director of the National Economic Council, and directs federal agencies to coordinate investments and other efforts to assist coal, oil and natural gas, and power plant communities.
The order tasks the new Interagency Working Group to advance projects that reduce emissions of toxic substances and greenhouse gases from existing and abandoned infrastructure and that prevent environmental damage that harms communities and poses a risk to public health and safety – such as projects to reduce methane emissions, oil and brine leaks, and other environmental harms from tens of thousands of former mining and well sites.
In addition, the new Interagency Working Group is also directed to explore efforts to turn properties idled in these communities, like brownfields, into new hubs for the growth of our economy.
Secure Environmental Justice and Spur Economic Opportunity
The order formalizes President Biden’s commitment to make environmental justice a part of the mission of every agency by directing federal agencies to develop programs, policies, and activities to address the disproportionate health, environmental, economic, and climate impacts on disadvantaged communities.
The order establishes a White House Environmental Justice Interagency Council and a White House Environmental Justice Advisory Council to prioritize environmental justice and ensure a whole-of-government approach to addressing current and historical environmental injustices, including strengthening environmental justice monitoring and enforcement through new or strengthened offices at the Environmental Protection Agency, Department of Justice, and Department of Health and Human Services. The new bodies are also tasked with advising on ways to update Executive Order 12898 of February 11, 1994.
The order creates a government-wide Justice40 Initiative with the goal of delivering 40 percent of the overall benefits of relevant federal investments to disadvantaged communities and tracks performance toward that goal through the establishment of an Environmental Justice Scorecard.
The order initiates the development of a Climate and Environmental Justice Screening Tool, building off EPA’s EJSCREEN, to identify disadvantaged communities, support the Justice40 Initiative, and inform equitable decision making across the federal government
SCIENTIFIC INTEGRITY PRESIDENTIAL MEMORANDUM
The Presidential Memorandum on Scientific Integrity and Evidence-Based Policymaking directs agencies to make evidence-based decisions guided by the best available science and data. Scientific and technological information, data, and evidence are central to the development and iterative improvement of sound policies, and to the delivery of effective and equitable programs. Improper political interference in the scientific process, with the work of scientists, and in the communication of scientific facts undermines the welfare of the nation, contributes to systemic inequities and injustices, and violates the public trust.
The memorandum charges the Director of the Office of Science and Technology Policy (OSTP) with the responsibility for ensuring scientific integrity across federal agencies. The OSTP Director is directed to review the effectiveness of agency scientific-integrity policies and assess agency scientific-integrity policies and practices going forward.
In addition, agencies that oversee, direct, or fund research are tasked with designating a senior agency employee as Chief Science Officer to ensure agency research programs are scientifically and technologically well founded and conducted with integrity. Because science, facts, and evidence are vital to addressing policy and programmatic issues across the Federal Government, all agencies – not just those that fund, conduct, or oversee scientific research –must designate a senior career employee as the agency’s Scientific Integrity Official to oversee implementation and iterative improvement of scientific-integrity policies and processes.
EXECUTIVE ORDER ESTABLISHING THE PRESIDENT’S COUNCIL OF ADVISORS ON SCIENCE AND TECHNOLOGY
Leaders across the Biden-Harris Administration, including the President himself and his senior advisors in the Executive Office of the President, will seek input, advice, and the best-available science, data, and scientific and technological information from scientists, engineers, and other experts in science, technology, and innovation.
To that end, and in alignment with the scientific-integrity memorandum’s charge to reestablish scientific and technological advisory committees, this order re-establishes the President’s Council of Advisors on Science and Technology (PCAST). The PCAST– co-chaired by the President’s Science Advisor – will advise the President on policy that affects science, technology, and innovation. The Council will also advise the President on scientific and technical information that is needed to inform public policy relating to the economy, worker empowerment, education, energy, environment, public health, national and homeland security, racial equity, and other topics.
Capitalists are actually much more responsive to the public will than lawmakers – which may not be saying much. But as the United Nations Climate Summit demonstrated, corporations and the financial institutions that fund them are becoming more conscious of climate change. Even former Treasury Secretary Henry Paulson has become an advocate for climate action. More investors are factoring in the cost of climate disasters as well as the change to agriculture, human productivity and health, availability of resources including potable water. Still, corporations that are wedded to the status quo and an economy and society oriented around fossil fuels and intense carbon emissions, that don’t respect air and water quality, need a nudge. Senator Elizabeth Warren, running for president, has just released a plan to stop Wall Street from financing the climate crisis.
“Climate change poses a systemic risk to the health and stability of our financial system,” Senator Warren stated. “And yet, Wall Street is refusing to listen, let alone take real action. My plan to Stop Wall Street From Financing the Climate Crisis is just the first step to ensuring our financial system is ensured against the worst effects of climate change and Wall Street stops financing the climate crisis.“
This is from the Warren campaign:
Charlestown, MA – Senator Elizabeth Warren released her
plan to stop Wall Street from financing the climate crisis. Elizabeth’s plan
will limit and manage the risk that climate change poses to our economy by
reining in Wall Street and ensuring our banks, asset managers, and insurers pay
the true cost of climate change, instead of passing it on to millions of
Elizabeth rang the alarm in
the lead up to the 2008 financial crisis. She is sounding the alarm on Wall
Street once again as we face the existential threat of our time: climate
change. It’s clear that our entire financial system is in major
danger from the climate crisis. And yet, neither the largest U.S. financial
institutions, nor the public watchdogs that
are supposed to hold them accountable, have taken adequate steps to address
Wall Street’s role in exacerbating the crisis.
As President, Elizabeth Warren will:
Direct the Federal Reserve to invoke its authority under Section 165 of
Dodd-Frank to impose “enhanced prudential standards” –– things like
higher capital standards, or tougher stress testing –– on large
financial institutions based on their exposure to climate-related risks.
Treat climate change as the systemic risk to our financial system that
it is and use existing financial regulations to push the Financial Stability
Oversight Council (FSOC) to carefully examine the risks posed by climate change
and use its authority to designate financial institutions as
“systemically important” if appropriate.
Go beyond her Climate Risk Disclosure Plan by strengthening
SEC rules that govern the climate change expertise in the composition
of boards of directors, as well as in shareholder representation and disclosure
in proxy voting.
Elizabeth will also require U.S. banks to report annually how much
fossil fuel equity and debt is created, and/or held as assets, with respect to
all fossil fuel extraction and infrastructure.
Fight for pensions by pushing the Securities and Exchange
Commission and Department of Labor –– the two government bodies charged with
regulating pensions –– to declare carbon-intensive investments not consistent
with a fund manager’s fiduciary duty to its clients.
Hold insurance companies accountable for the risk they’re
spreading through the financial system — and through vulnerable communities —
by working with Congress to make large insurance companies doing business in
the U.S. disclose the size of the premiums they’re deriving from coal, oil and
gas projects, associated infrastructure, and companies.
Elizabeth will also investigate insurers who talk out of both sides of
their mouth when they deny coverage to policyholders under
the guise of too much climate risk, while simultaneously insuring fossil fuel
Transition us away from Donald Trump’s climate-denying
administration at a speed unmatched by any transition in modern
history. As part of that transition, she will announce her choices for Cabinet,
including a Treasury Secretary who understands the financial risks of the
climate crisis, by December 1, 2020. And she will staff all senior and mid-level
White House positions, like financial regulators, by Inauguration Day.
Requiring implementation of the Paris Climate accord and the
elimination of fossil fuel subsidies as preconditions for any trade
Dedicating $100 billion to helping other countries purchase and deploy
American-made clean energy technology that is manufactured right here at home
under the Green Marshall Plan.
Ending all American support for international oil and gas projects
through the Export-Import Bank and the Overseas Private Investment
Committing to using America’s voting power in the World Bank and other
global financial institutions to cut off investment in fossil fuel projects and
to direct that investment into clean energy projects instead.
Stop Wall Street from Financing the Climate Crisis
I’ve spent most of my career getting to the bottom of what’s happening to
working families in America. And when I saw the seeds of the 2008 financial
crisis growing, I rang the alarm as
loud as I could. But the people with the power to stop the crisis didn’t listen
— not enough of them anyway. Not the banks, not Alan Greenspan or other federal
regulators, not Congress. And when the financial crisis hit in 2008, working
families lost it all while the big banks that broke the economy got a fat
And once again, as we face the existential threat of our time –– climate
change –– Wall Street is refusing to listen, let alone take real action.
It’s clear that our entire financial system is in major danger from the climate
crisis. And yet, neither the largest U.S. financial institutions, nor the public watchdogs that
are supposed to hold them accountable, have taken adequate steps to address
Wall Street’s role in exacerbating the crisis. In fact, many of the largest banks and assetmanagers have
actually increased their holdings of fossil fuel assets since
the Paris Agreement was signed. And in the two years immediately after the
Paris Agreement was adopted, the six largest U.S. bank investors in fossil
fuels companies loaned, underwrote, or otherwise financed over $700 billion for fossil fuel
companies. Wall Street banks are making a quick buck accelerating
climate change, all while communities across the country are suffering from the lasting impacts
of industrial pollution and the increasingly devastating
effects of climate change.
There has been some movement by big financial firms. A recently leaked report from J.P. Morgan —
the world’s largest financial backer of fossil fuel companies — stated that
the climate crisis could lead to “catastrophic outcomes where human life as we
know it is threatened.” Late last year, Goldman Sachs announced that
it will spend $750 billion over ten years on sustainable finance projects,
restrict financing to all new oil production and exploration in the Arctic, and
impose stricter lending requirements for coal companies. And in a letter to
investors earlier this year, Blackrock –– the world’s largest asset manager ––
announced that it will exit investments with high
environmental risk, like thermal coal, and launch new investment
products that screen for fossil fuels. While these actions are a small step in
the right direction, they are long overdue given the relative impact the
financial industry has had on the climate crisis — and they’re not enough to
protect us from a climate-fueled financial collapse, either.
We will not defeat the climate crisis if we have to wait for the financial
industry to self-regulate or come forward with piecemeal voluntary commitments.
Winning a Green New Deal and achieving 100% clean energy for our global economy
–– or enacting any of my 13 plans to defeat the climate
crisis –– will be near impossible so long as large financial
institutions are allowed to freely underwrite investments in dirty fossil
This ends when I am president. A Warren administration will act
decisively and swiftly to manage the risk that climate change poses to our
economy by reining in Wall Street and ensuring our banks, asset managers, and
insurers pay the true cost of climate change instead of passing it on to
millions of Americans. We can make the financial system work for good
as we transition to 100% clean energy, but first, we have to change the way
Wall Street is currently doing business.
Use existing financial regulations to tackle climate change because it is
a systemic risk to our financial system
Foreign financial regulators understand that the climate crisis poses serious
risks to the financial system. European regulators are warning of a “green swan” event that
could trigger a climate change-driven financial crisis. The Governor of the
Bank of England, Mark Carney, and the Governor of the Banque de France,
François Villeroy warned that climate change poses a
“catastrophic effect” to the global economy that could lead to
“a sudden collapse in asset prices” similar to the to the 2008 financial
crisis, and has urged central banks, such as the Federal Reserve Board, to play
a much larger role in tackling the crisis.
I am sounding the alarm on Wall Street once again –– just as I did in
the lead up to the 2008 financial crash.
The Dodd–Frank Wall Street Reform and Consumer Protection Act was our country’s
response to the 2008 crisis. It included tools that our federal regulators
could use to protect the safety and soundness of our financial
system. Regulators should use those tools now to address the systemic risk that
climate change poses.
Specifically, the Financial Stability Oversight Council (FSOC) –– a body
created by Dodd-Frank to bring together heads of financial regulatory agencies
to assess threats across jurisdictions and markets –– should carefully examine
the risks posed by climate change and use its authority to designate financial
institutions as “systemically important” if appropriate. And the Federal
Reserve should invoke its authority under Section 165 of Dodd-Frank to impose
“enhanced prudential standards” –– things like higher capital standards and
margin requirement, or tougher stress testing –– on large financial
institutions based on their climate-related risks.
By using the authorities Congress has already given them, federal regulators
can mitigate the climate-related risk in our financial system and help accelerate
the transition towards a clean energy economy.
Increase corporate accountability through the Securities & Exchange
That’s a problem in two ways. First, there are a lot of companies that could be
badly hurt by the likely environmental effects of climate change, and their
financial implications such as stranded assets, and supply-chain risk. We’ve
already seen how record storms, flooding, and wildfires can cause billions of dollars in damage.
Second, global efforts to combat climate change will have an enormous impact on
certain types of companies, particularly those in the energy sector. The Task
Force on Climate-related Financial Disclosures found that reductions in greenhouse
gas emissions and increasingly affordable deployment of clean
energy technology could have “significant, near-term financial implications”
for Big Oil and fossil fuel companies.
My Climate Risk Disclosure plan addresses
these problems by requiring companies to publicly disclose both of these types
of climate-related risks. It directs the Securities and Exchange Commission
(SEC) to issue rules that make every public company disclose detailed
information, including the likely effect on the company if climate change
continues at its current pace and the likely effect on the company if the world
successfully restricts greenhouse gas emissions to meet the targets of the
Paris Agreement. My plan also requires the SEC to tailor these disclosure
requirements for specific industries so that, for instance, fossil fuel
companies will have to make even more detailed disclosures.
But disclosure is just the first step. There is more the SEC can do to ensure
companies are more accurately accounting for climate risk, which is why a
Warren administration will go further by strengthening SEC rules that govern
the climate change expertise in the composition of boards of directors, as well
as in shareholder representation and disclosure in proxy voting. My
administration will also require U.S. banks to report annually how much fossil
fuel equity and debt is created, and/or held as assets, with respect to all
fossil fuel extraction and infrastructure. And a Warren administration will
work with the SEC Office of Credit Ratings to direct credit rating agencies to
impose process standards — like climate due diligences — that incorporate the
physical and financial risks that climate change presents to securities and
other financial assets, as well as to the companies that issue them.
For the millions of public school teachers, firefighters, police officers, and
other state and federal public employees who spend their careers in service to
our government, pension funds provide a shot at a decent retirement. Most
simply, pensions are deferred wages for our public employees. And yet
today, our pension systems are failing our public employees.
That’s in part because they are invested in fossil fuels –– leaving
all the risk of fossil fuel investments in hard working Americans’ retirement
One recent analysis found
that pension funds would be significantly more successful without risky fossil
investments. California’s $238 billion state teachers retirement fund CalSTRS
–– which serves nearly a million public school teachers –– would have earned an
additional $5.5 billion over ten years without its fossil fuel investments. And
Colorado’s state pension fund PERA –– which serves 600,000 current and former
teachers, state troopers, corrections officers, and other public employees ––
would have earned almost $2 billion more in value. This matters for
hard-working pension-holders: investments in fossil fuels over the last 10
years have lost many of California’s public school teachers $5,572 each, and
cost many of Colorado’s public employees $2,900 each. And yet, despite calls
from environmentalists to divest from fossil fuels, in January of this
year CalSTRS rejected divestment,
claiming it would have a “lasting negative impact on the
health of the fund.”
As president, I will fight for every person’s pension, because every
American deserves the right to retire with dignity after spending their career
in service of our local, state and federal government. A Warren
administration would explicitly state policy preferences for limiting climate
risk, beginning with divestment from fossil fuels and prioritizing investments
in environmental, social and governance (ESG) options. And I would go further
by pushing the Securities and Exchange Commission and Department of Labor ––
the two government bodies charged with regulating pensions –– to declare
carbon-intensive investments not consistent with a fund manager’s fiduciary
duty to its clients.
And, as a matter of justice, we should tighten bankruptcy laws to prevent coal
and other fossil fuel companies from evading their responsibility to their
workers and to the communities that they have helped to pollute. In the
Senate, I have fought to improve the
standing of coal worker pensions and benefits in bankruptcy ––
and as president, I will work with Congress to pass legislation to make these
changes a reality.
Instead of halting the effects of climate change, insurers are passing on
the high prices to consumers — or foregoing offering protection to vulnerable
Americans altogether. In some places, insurance companies are pulling
out of areas entirely, leaving consumers exposed. For example, the number of
new and renewed homeowners’ insurance policies fell by 8,700 in
California counties at greatest risk for wildfires. But some insurance
providers will still write policies in vulnerable areas, ratcheting up the monthly prices
consumers pay to counterbalance their increased risk. Premiums
rose in every single state in the nation over the past decade, with states
in tornado alley experiencing the
highest jumps by an average of over $500. And private companies
are taking advantage of the price increases: the number of private flood
insurers has more than doubled since 2016, and they’ve taken in an additional half
a billion in premiums since the prior year.
It’s time to hold insurance companies accountable for the risk they’re
spreading through the financial system — and through vulnerable
communities. I’ll work with Congress to make large insurance companies
doing business in the U.S. disclose the size of the premiums they’re deriving
from coal, oil and gas projects, associated infrastructure, and companies. I’ll
investigate insurers who talk out of both sides of their mouth when they deny coverage to policyholders under
the guise of too much climate risk, while simultaneously insuring fossil fuel
projects. I’ll push the SEC to require insurance companies to show that they
have evaluated climate-related risks in their underwriting processes and in
their reserves. I will reform the National Flood Insurance Program by making it
easier for existing residents to move out of flood-prone properties – both
inland and coastal – including a program to buy back those properties from
low-income homeowners at market value. And within my first term I will ensure
the Federal Emergency Management Agency’s flood maps are fully updated, so that
we can raise the standard for new construction through the Federal Flood Risk
Personnel is Policy
At the World Economic Forum in Davos last month, economic leaders from across
the world highlighted the vital need to include climate risks in
economic analysis. But Treasury Secretary Steve Mnuchin found himself in a
minority of one, arguing that costs were being overestimated when
considering the impacts of climate change. Either he’s uninformed or he’s
lying: study after study shows that we
are drastically underestimating the cost of the climate
I have often said that personnel is policy. The
regulators in charge of protecting the American people need to understand the
risk that the climate crisis poses to our entire financial system — and the
millions whose livelihoods depend on it. That’s why I will appoint at every
level of the system financial regulators committed to holding financial
institutions accountable for climate risk. Here’s what that means:
I will appoint a Treasury Secretary who — unlike Steven Mnuchin —
believes in the power of markets to help defeat the climate crisis: because
right now, research in both of those fields shows
how vital it is that we expose the climate risk.
I’ll appoint financial regulators — including Federal Reserve
governors, Commodity Futures Trading Commission commissioners, and leadership
of every other agency represented on the Financial Stability Oversight Council
— who understand the clear threat climate change poses to our financial system
and who implement policy that addresses financial institutions’ exposure to
climate risks and hold them accountable to addressing.
I’ve already pledged to appoint an SEC
chair who will use all existing tools to require robust
disclosure of climate-related risks. I’ll also appoint SEC commissioners who
will manage the threat climate change poses to the economy by pushing for
corporate disclosure of climate risk and a shift of finances away from fossil
The size and the scope of the risk that climate poses to our financial
system requires immediate action. I’ve committed to transitioning us
away from Donald Trump’s climate-denying administration at a speed unmatched by
any transition in modern history, so that we can begin tackling the urgent
challenges ahead on Day One. As part of that transition, I will
announce my choices for Cabinet, including a Treasury Secretary who understands
the financial risks of the climate crisis, by December 1, 2020. And I’ll staff
all senior and mid-level White House positions, like financial regulators, by Inauguration
Day — so that we can begin de-risking our financial system from the moment I’m
Work with international allies
One of the next catastrophic global financial crises may well be caused by the growing
climate crisis. The 2008 recession proved how financial crises are
no longer isolated: their impact echoes across countries. That’s why addressing
the financial risks of the climate crisis is an international issue. But
the United States isn’t just lagging behind other countries on addressing the
climate risk: right now, we’re not even in the same league.
A Warren Administration will work with international allies to build a more
resilient financial and environmental future for our planet. And I’ll use every
tool in the box to build that world. As President I’ll advocate for the Federal
Reserve to join the global coalition of central banks known as the Network on Greening the Financial
System. As we transition to a 100% clean energy economy, the United
States should be a leader on the global stage, and having a seat at the table
is the first step. As part of my New Approach to Trade, I
will require implementation of the Paris Climate accord and the elimination of
fossil fuel subsidies as preconditions for any trade agreement. My Green
Marshall Plan will dedicate $100 billion to helping other countries purchase
and deploy American-made clean energy technology that is manufactured right
here at home. And we should end all American support for international oil and
gas projects through the Export-Import Bank and the Overseas Private Investment
Corporation. We should also commit to using America’s voting power in the World
Bank and other global financial institutions to cut off investment in fossil
fuel projects and to direct that investment into clean energy projects instead.
Our efforts should be dedicated to accelerating the global transition to clean
The vigorous contest of
Democrats seeking the 2020 presidential nomination has produced excellent
policy proposals to address major issues. Senator Elizabeth Warren details her
plan to confront the crisis of environmental injustice. “Justice cannot be a
secondary concern – it must be at the center of our response to climate change.”
This is from the Warren campaign:
Charlestown, MA – Senator Elizabeth Warren has released her plan to fight for justice as we take on the climate crisis. Warren will implement an equity screen for her proposed climate investments, directing at least $1 trillion into the most vulnerable communities over the next decade and investing not only in cleaning up pollution but in building wealth and lifting up the communities in most need.
The climate crisis demands all of us to act, but it is also an opportunity to create millions of new good, middle class, union jobs and to directly confront the racial and economic inequality embedded in our fossil fuel economy. Elizabeth will honor our commitment to fossil fuel workers by fighting for guaranteed wage and benefit parity for workers transitioning into new industries, and to protect the pensions and benefits that fossil fuel workers have earned. She’ll partner with unions every step of the way.
She will hold corporate polluters accountable, working with Congress to create a private right of action for environmental harm, and imposing steep fines on violators that will be reinvested in impacted communities.
Elizabeth knows we need to elevate environmental justice at the highest levels. She’ll transform the Council on Environmental Quality into a Council on Climate Action with a broader mandate, including empowering frontline community leaders to speak directly to the White House.
In 1987, the United Church of Christ’s Commission on Racial Justice commissioned one of the first studies on hazardous waste in communities of color. A few years later — 28 years ago this month — delegates to the First National People of Color Environmental Leadership Summit adopted 17 principles of environmental justice. But in the years since, the federal government has largely failed to live up to the vision these trailblazing leaders outlined, and to its responsibilities to the communities they represent.
From predominantly black neighborhoods in
Detroit to Navajo communities in
the southwest to Louisiana’s Cancer Alley, industrial
pollution has been concentrated in low-income communities for decades —
communities that the federal government has tacitly written off as so-called “sacrifice zones.” But
it’s not just about poverty, it’s also about race. A seminal study found
that black families are more likely to live in neighborhoods with higher
concentrations of air pollution than white families — even when they have the
same or more income. A more recent study found that while whites largely cause
air pollution, Blacks and Latinxs are more likely to breathe it in.
Unsurprisingly, these groups also experience higher rates of childhood asthma. And
many more low-income and minority communities are exposed to toxins in
their water — including lead and chemicals from industrial and agricultural
And these studies don’t tell the whole story. As I’ve
traveled this country, I’ve heard the human stories as well. In Detroit, I met
with community members diagnosed with cancer linked to exposure to toxins after
years of living in the shadow of a massive oil refinery. In New Hampshire, I
talked with mothers fighting for clean drinking water free of harmful PFAS
chemicals for their children. In South Carolina, I’ve heard the stories of the
most vulnerable coastal communities who face the greatest threats, from not
just sea-level rise, but a century of encroaching industrial polluters. In West
Virginia, I saw the consequences of the coal industry’s abandonment of the
communities that made their shareholders and their executives wealthy — stolen
pensions, poisoned miners, and ruined land and water.
We didn’t get here by accident. Our crisis of environmental
injustice is the result of decades of discrimination and environmental racism
compounding in communities that have been overlooked for too long. It is the
result of multiple choices that put corporate profits before people, while our
government looked the other way. It is unacceptable, and it must change.
Justice cannot be a secondary concern — it must be at the
center of our response to climate change. The Green New Deal commits us to a
“just transition” for all communities and all workers. But we won’t create true
justice by cleaning up polluted neighborhoods and tweaking a few regulations at
the EPA. We also need to prioritize communities that have experienced historic
disinvestment, across their range of needs: affordable housing, better
infrastructure, good schools, access to health care, and good jobs. We need
strong, resilient communities who are prepared and properly resourced to
withstand the impacts of climate change. We need big, bottom-up change —
focused on, and led by, members of these
No Community Left Behind
The same communities that have borne the brunt of industrial
pollution are now on the front lines of climate change, often getting hit first
and worst. In response, local community leaders are leading the fight to hold
polluters responsible and combat the effects of the climate crisis. In
Detroit’s 48217 zip code, for example, community members living in the midst of
industrial pollution told me how they have banded together to identify refinery
leakages and inform their neighbors. In Alabama and Mississippi, I met with
residents of formerly redlined neighborhoods who spoke to me about their fight
against drinking water pollution caused by inadequate municipal sewage systems.
Tribal Nations, which have been disproportionately impacted by environmental
racism and the effects of climate change, are leading the way in
climate resilience and adaptation strategies, and in supporting healthy
ecosystems. The federal government must do more to support and uplift the
efforts of these and other communities. Here’s how we can do that:
Improve environmental equity mapping. The EPA
currently maps communities
based on basic environmental and demographic indicators, but more can be done
across the federal government to identify at-risk communities. We need a
rigorous interagency effort to identify cumulative environmental health
disparities and climate vulnerabilities and cross-reference that data with
other indicators of socioeconomic health. We’ll use these data to adjust
permitting rules under Clean Air and Clean Water Act authorities to better
consider the impact of cumulative and overlapping pollution, and we’ll make
them publicly available online to help communities measure their own health.
Implement an equity screen for climate investments. Identifying
at-risk communities is only the first step. The Green New Deal will involve
deploying trillions of dollars to transform the way we source and use energy.
In doing so, the government must prioritize resources to support vulnerable
communities and remediate historic injustices. My friend Governor Jay Inslee
rightly challenged us to fund the most vulnerable communities first, and
both New York and California have
passed laws to direct funding specifically to frontline and fenceline
communities. The federal government should do the same. I’ll direct one-third
of my proposed climate investment into the most vulnerable communities — a
commitment that would funnel at least $1 trillion into these areas over the
Strengthen tools to mitigate environmental harms. Signed
into law in 1970, the National Environmental Policy Act provides the original
authority for many of our existing environmental protections. But even as
climate change has made it clear that we must eliminate our dependence on
fossil fuels, the Trump Administration has tried to weaken NEPA with
the goal of expediting even more fossil fuel infrastructure projects. At the
same time, the Trump Administration has moved to devalue the
consideration of climate impacts in all federal decisions. This is entirely
unacceptable in the face of the climate emergency our world is facing. As
president, I would mandate that all federal agencies consider climate impacts
in their permitting and rulemaking processes. Climate action needs to be mainstreamed
in everything the federal government does. But we also need a standard that
requires the government to do more than merely “assess” the environmental
impact of proposed projects — we need to mitigate negative environmental
Beyond that, a Warren Administration will do more to give the people who live
in a community a greater say in what is sited there — too often today, local
desires are discounted or disregarded. And when Tribal Nations are involved,
projects should not proceed unless developers have obtained the free, prior and
informed consent of the tribal governments concerned. I’ll use the full extent
of my executive authority under NEPA to protect these communities and give them
a voice in the process. And I’ll fight to improve the law to reflect the
realities of today’s climate crisis.
Build wealth in frontline communities. People of
color are more likely to live in neighborhoods that are vulnerable to climate
change risks or where they’re subject to environmental hazards like pollution.
That’s not a coincidence — decades of racist housing policy and officially
sanctioned segregation that denied people of color the opportunity to build
wealth also denied them the opportunity to choose the best neighborhood for
their families. Then, these same communities were targeted with the worst of
the worst mortgages before the financial crisis, while the government looked
the other way. My housing plan includes
a first-of-its-kind down-payment assistance program that provides grants to
long-term residents of formerly redlined communities so that they can buy homes
in the neighborhood of their choice and start to build wealth, beginning to
reverse that damage. It provides assistance to homeowners in these communities
who still owe more than their homes were worth, which can be used to preserve
their homes and revitalize their communities. These communities should have the
opportunity to lead us in the climate fight, and have access to the economic
opportunities created by the clean energy sector. With the right investments
and with community-led planning, we can lift up communities that have experienced
historic repression and racism, putting them on a path to a more resilient
Expand health care. People in frontline
communities disproportionately suffer from certain cancers and other illnesses
associated with environmental pollution. To make matters worse, they are less likely to have
access to quality health care. Under Medicare for All, everyone will have high
quality health care at a lower cost, allowing disadvantaged communities to get
lifesaving services. And beyond providing high quality coverage for all, the
simplified Medicare for All system will make it easier for the federal
government to quickly tailor health care responses to specific environmental
disasters in affected communities when they occur.
Research equity. For years we’ve invested in
broad-based strategies that are intended to lift all boats, but too often leave
communities of color behind. True justice calls for more than
‘one-size-fits-all’ solutions — instead we need targeted strategies that take
into account the unique challenges individual frontline communities face. I’ve
proposed a historic $400 billion investment
in clean energy research and development. We’ll use that funding to research
place-based interventions specifically targeting the communities that need more
No Worker Left Behind
The climate crisis will leave no one untouched. But it also
represents a once-in-a-generation opportunity: to create millions of
good-paying American jobs in clean and renewable energy, infrastructure, and
manufacturing; to unleash the best of American innovation and creativity; to
rebuild our unions and create real progress and justice for workers; and to
directly confront the racial and economic inequality embedded in our fossil
The task before us is huge and demands all of us to act. It
will require massive retrofits to our nation’s infrastructure and our
manufacturing base. It will also require readjusting our economic approach to
ensure that communities of color and others who have been systematically harmed
from our fossil fuel economy are not left further behind during the transition
to clean energy.
But it is also an opportunity. We’ll need millions of
workers: people who know how to build things and manufacture them; skilled and
experienced contractors to plan and execute large construction and engineering
projects; and training and joint labor management apprenticeships to ensure a
continuous supply of skilled, available workers. This can be a great moment of
national unity, of common purpose, of lives transformed for the better. But we
cannot succeed in fighting climate change unless the people who have the skills
to get the job done are in the room as full partners.
We also cannot fight climate change with a low-wage economy.
Workers should not be forced to make an impossible choice between fossil fuel
industry jobs with superior wages and benefits and green economy jobs that pay
far less. For too long, there has been a tension between transitioning to a
green economy and creating good, middle class, union jobs. In a Warren
Administration we will do both: creating good new jobs through investments in a
clean economy coupled with the strongest possible protections for workers. For
instance, my Green Manufacturing plan
makes a $1.5 trillion procurement commitment to domestic manufacturing
contingent on companies providing fair wages, paid family and medical leave,
fair scheduling practices, and collective bargaining rights. Similarly,
my 100% Clean Energy Plan will
require retrofitting our nation’s buildings, reengineering our electrical grid,
and adapting our manufacturing base — creating good, union jobs, with
prevailing wages determined through collective bargaining, for millions of
skilled and experienced workers.
Our commitment to a Green New Deal is a commitment to a
better future for the working people of our country. And it starts with a
real commitment to workers from the person sitting in the White House: I will
fight for your job, your family, and your community like I would my own. But
there’s so much more we can do to take care of America’s workers before,
during, and after this transition. Here are a few ways we can start:
Honor our commitment to fossil fuel workers. Coal
miners, oil rig workers, pipeline builders and millions of other workers have
given their life’s blood to build the infrastructure that powered the American
economy throughout the 20th century. In return, they deserve more than
platitudes — and if we expect them to use their skills to help reengineer
America, we owe them a fair day’s pay for the work we need them to do. I’m
committed to providing job training and guaranteed wage and benefit parity for
workers transitioning into new industries. And for those Americans who choose
not to find new employment and wish to retire with dignity, we’ll ensure full
financial security, including promised pensions and early retirement
Defend worker pensions, benefits, and secure retirement. Together,
we will ensure that employers and our government honor the promises they made
to workers in fossil fuel industries. I’ve fought for years to protect pensions
and health benefits for retired coal workers, and I’ll continue fighting to
maintain the solvency of multi-employer pension plans. As president, I’ll
protect those benefits that fossil fuel workers have earned. My plan to empower American workers commits
to defending pensions, recognizing the value of defined-benefit pensions, and
pushing to pass the Butch-Lewis Act to
create a loan program for the most financially distressed pension plans in the
country. And my Social Security plan
would increase benefits by $200 a month for every beneficiary, lifting nearly 5
million seniors out of poverty and expanding benefits for workers with
disabilities and their families.
Create joint safety-health committees. In 2016, more than 50,000 workers
died from occupational-related diseases. And since the beginning of his
administration, Trump has rolled back rules and regulations that limit exposure to certain
chemicals and requirements around facility safety inspections,
further jeopardizing workers and the community around them. When workers have
the power to keep themselves safe, they make their communities safer too. A
Warren Administration will reinstate the work safety rules and regulations
Trump eliminated, and will work to require large companies to create joint
safety-health committees with representation from workers and impacted communities.
Force fossil fuel companies to honor their obligations. As
a matter of justice, we should tighten bankruptcy laws to prevent coal and
other fossil fuel companies from evading their responsibility to their workers
and to the communities that they have helped to pollute. In the Senate, I have fought to
improve the standing of coal worker pensions and benefits in bankruptcy — as
president, I will work with Congress to pass legislation to make these changes
And as part of our commitment, we must take care of all
workers, including those who were left behind decades ago by the fossil fuel
economy. Although Franklin D. Roosevelt’s New Deal is the inspiration for this
full scale mobilization of the federal government to defeat the climate crisis,
it was not perfect. The truth is that too often, many New Deal agencies and
policies were tainted by structural racism. And as deindustrialization led to
prolonged disinvestment, communities of color were too often both the first to
lose their job base, and the first place policymakers thought of to dump the
refuse of the vanished industries. Now there is a real risk that poor
communities dependent on carbon fuels will be asked to bear the costs of
fighting climate change on their own. We must take care not to replicate the
failings and limitations of the original New Deal as we implement a Green New
Deal and transition our economy to 100% clean energy. Instead we need to build
an economy that works for every American — and leaves no one behind.
Prioritizing Environmental Justice at the Highest Levels
As we work to enact a Green New Deal, our commitment to
environmental justice cannot be an afterthought — it must be central to our
efforts to fight back against climate change. That means structuring our
government agencies to ensure that we’re centering frontline and fenceline
communities in implementing a just transition. It means ensuring that the most
vulnerable have a voice in decision-making that impacts their communities, and
direct access to the White House itself. Here’s how we’ll do that:
Elevate environmental justice at the White House.
I’ll transform the Council on Environmental Quality into a Council on Climate
Action with a broader mandate, including making environmental justice a
priority. I’ll update the 1994 executive order that
directed federal agencies to make achieving environmental justice part of their
missions, and revitalize the
cabinet-level interagency council on environmental justice. We will raise the
National Environmental Justice Advisory Council to report directly to the White
House, bringing in the voices of frontline community leaders at the highest
levels. And I will bring these leaders to the White House for an environmental
justice summit within my first 100 days in office, to honor the contributions
of frontline activists over decades in this fight and to listen to ideas for
how we can make progress.
Empower the EPA to support frontline communities. The
Trump Administration has proposed dramatic cuts to
the EPA, including to its Civil Rights office, and threatened to eliminate EPA’s
Office of Environmental Justice entirely. I’ll restore and grow both offices,
including by expanding the Community Action for a Renewed Environment (CARE)
and Environmental Justice Small Grant programs. We’ll condition these
competitive grant funds on the development of state- and local-level
environmental justice plans, and ensure that regional EPA offices stay open to
provide support and capacity. But it’s not just a matter of size. Historically,
EPA’s Office of Civil Rights has rejected nine out of ten cases
brought to it for review. In a Warren Administration, we will aggressively
pursue cases of environmental discrimination wherever they occur.
Bolster the CDC to play a larger role in environmental
justice. The links between industrial pollution and negative public health
outcomes are clear. A Warren
Administration will fully fund the Center for Disease Control’s environmental
health programs, such as childhood lead poisoning prevention, and community
health investigations. We will also provide additional grant funding for
independent research into environmental health effects.
Diminish the influence of Big Oil. Powerful
corporations rig the system to work for themselves, exploiting and influencing
the regulatory process and placing industry representatives in positions of
decision-making authority within agencies. My plan to end Washington corruption would
slam shut the revolving door between industry and government, reducing
industry’s ability to influence the regulatory process and ensuring that the
rules promulgated by our environmental agencies reflect the needs of
communities, not the fossil fuel industry.
Right to Affordable Energy and Clean Water
Nearly one-third of
American households struggle to pay their energy bills, and Native American,
Black, and Latinx households are more likely to be energy insecure. Renters are
also often disadvantaged by landlords unwilling to invest in safer buildings,
weatherization, or cheaper energy. And clean energy adoption is unequal along
racial lines, even after accounting for differences in wealth. I have a plan to move the
United States to 100% clean, renewable, and zero-emission energy in electricity
generation by 2035 — but energy justice must be an integral part of our
transition to clean energy. Here’s what that means:
Address high energy cost burdens. Low-income
families, particularly in rural areas, are spending too much of their
income on energy, often the result of older or mobile homes that are not
weatherized or that lack energy efficient upgrades. I’ve committed to meet
Governor Inslee’s goal of retrofitting 4% of U.S. buildings annually to
increase energy efficiency — and we’ll start that national initiative by
prioritizing frontline and fenceline communities. In addition, my housing plan
includes over $10 billion in competitive grant programs for communities that invest
in well-located affordable housing — funding that can be used for
modernization and weatherization of homes, infrastructure, and schools. It also
targets additional funding to tribal governments, rural communities, and
jurisdictions — often majority minority — where homeowners are still
struggling with the aftermath of the
2008 housing crash. Energy retrofits can be a large source of green jobs, and
I’m committed to ensuring that these are good jobs, with full federal labor
protections and the right to organize.
Support community power. Consumer-owned energy
cooperatives, many of which were established to electrify rural areas during
the New Deal, serve an estimated 42 million people
across our country. While some co-ops are beginning to transition their assets
to renewable energy resources, too many are locked
into long-term contracts that make them dependent on coal and other dirty fuels
for their power. To speed the transition to clean energy, my administration
will offer assistance to write down debt and restructure loans to help
cooperatives get out of long-term coal contracts, and provide additional low-
or no-cost financing for zero-carbon electricity generation and transmission
projects for cooperatives via the Rural Utilities Service. I’ll work with
Congress to extend and expand clean energy bonds to
allow community groups and nonprofits without tax revenue to access clean
energy incentives. I’ll also provide dedicated support for the four Power Marketing
Administrations, the Tennessee Valley Authority, and the Appalachian Regional
Commission to help them build publicly-owned clean energy assets and deploy
clean power to help communities transition off fossil fuels. Accelerating the
transition to clean energy will both reduce carbon emissions, clean up our
air, and help bring down rural consumers’ utility bills.
Protect local equities. Communities that host large
energy projects are entitled to receive a share of the benefits. But too often,
large energy companies are offered millions in tax subsidies to locate in a
particular area — without any commitment that they will make a corresponding
commitment in that community. Community Benefit Agreements can help address
power imbalances between project developers and low-income communities by
setting labor, environmental, and transparency standards before work begins.
I’ll make additional federal subsidies or tax benefits for large utility
projects contingent on strong Community Benefits Agreements, which should
include requirements for prevailing wages and collective bargaining rights. And
I’ll insist on a clawback provision if a company doesn’t hold up its end of the
deal. If developers work with communities to ensure that everyone benefits from
clean energy development, we will be able to reduce our emissions faster.
It’s simple: access to clean water is a basic human right.
Water quality is an issue in both urban and rural communities. In rural areas,
for example, runoff into rivers and streams by Big Agriculture has poisoned local
drinking water. In urban areas, lack of infrastructure investment has resulted
in lead and other poisons seeping
into aging community water systems. We need to take action to protect our
drinking water. Here’s how we can do that:
Invest in our nation’s public water systems.
America’s water is a public asset and should be owned by and for the public. A
Warren Administration will end decades of disinvestment and privatization of
our nation’s water system — our government at every level should invest in
safe, affordable drinking water for all of us.
Increase and enforce water quality standards. Our
government should enforce strict regulations to ensure clean water is available
to all Americans. I’ll restore the Obama-era water rule that protected our
lakes, rivers, and streams, and the drinking water they provide. We also need a
strong and nationwide safe drinking water standard that covers PFAS and other
chemicals. A Warren Administration will fully enforce Safe Drinking Water Act
standards for all public water systems. I’ll aggressively regulate chemicals
that make their way into our water supply, including by designating PFAS as a
Fund access to clean water. Our clean drinking water
challenge goes beyond lead, and beyond Flint and Newark. To respond, a Warren
Administration will commit to fully capitalize the Drinking Water State
Revolving Fund and the Clean Water State Revolving Fund to refurbish old water
infrastructure and support ongoing water treatment operations and maintenance,
prioritizing the communities most heavily impacted by inadequate water
infrastructure. In rural areas, I’ll increase funding for the Conservation
Stewardship Program to $15 billion annually, empowering family farmers to help
limit the agricultural runoff that harms local wells and water systems. To
address lead specifically, we will establish a lead abatement grant program
with a focus on schools and daycare centers, and commit to remediating lead in
all federal buildings. We’ll provide a Lead Safety Tax Credit for homeowners to
invest in remediation. And a Warren Administration will also fully fund IDEA
and other support programs that help children with developmental challenges as
a result of lead exposure.
Protecting the Most Vulnerable During Climate-Related
In 2018, the U.S. was home to the world’s three costliest environmental
catastrophes. And while any community can be hit by a hurricane, flood, extreme
weather, or fire, the impact of these kinds of disasters are particularly
devastating for low-income communities, people with disabilities,
and people of color. Take
Puerto Rico for example. When Hurricane Maria hit the island, decades of racism
and neglect were multiplied by the government’s failure to prepare
and Trump’s racist post-disaster response —
resulting in the deaths of at least 3,000 Puerto
Ricans and long-term harm to many more. Even as we fight climate change, we
must also prepare for its impacts — building resiliency not just in some
communities, but everywhere. Here’s how we can start to do that:
Invest in pre-disaster mitigation. For every dollar
invested in mitigation, the government and communities save $6 overall. But
true to form, the Trump Administration has proposed to steep cuts to
FEMA’s Pre-Disaster Mitigation Program, abandoning communities just as the risk
of climate-related disasters is on the rise. As president, I’ll invest in
programs that help vulnerable communities build resiliency by quintupling this
Better prepare for flood events. When I visited
Pacific Junction, Iowa, I saw scenes of devastation: crops ruined for the
season, cars permanently stalled, a water line 7 or 8 feet high in residents’
living rooms. And many residents in Pacific Junction fear that this could
happen all over again next year.
Local governments rely on FEMA’s flood maps, but some of these maps haven’t
been updated in decades. In my first
term as president, I will direct FEMA to fully update flood maps with
forward-looking data, prioritizing and including frontline communities in this
process. We’ll raise standards for new construction, including by reinstating
the Federal Flood Risk Management Standard. And we’ll make it easier for
vulnerable residents to move out of flood-prone properties — including by
buying back those properties for low-income homeowners at a value that will
allow them to relocate, and then tearing down the flood-prone properties, so we
can protect everyone.
Mitigate wildfire risk. We must also invest in
improved fire mapping and prevention programs. In a Warren Administration, we
will dramatically improve fire mapping and prevention by investing in advanced
modeling with a focus on helping the most vulnerable — incorporating not only
fire vulnerability but community demographics. We will prioritize these data to
invest in land management, particularly near the most vulnerable communities,
supporting forest restoration, lowering fire risk, and creating jobs all at
once. We will also invest in microgrid technology, so that we can de-energize
high-risk areas when required without impacting the larger community’s energy
supply. And as president, I will collaborate with Tribal governments on land
management practices to reduce wildfires, including by incorporating
traditional ecological practices and exploring co-management and the return of
public resources to indigenous protection wherever possible.
Prioritize at-risk populations in disaster planning and
response. When the most deadly fire in California’s history struck the town
of Paradise last November, a majority of the
victims were disabled or elderly. People with disabilities face increased difficulties in
evacuation assistance and accessing critical medical care. For people who are
homeless, disasters exacerbate existing
challenges around housing and health. And fear of deportation can deter undocumented
people from contacting emergency services for help evacuating or from going to
an emergency shelter. As president, I will strengthen rules to require disaster
response plans to uphold the rights of vulnerable populations. In my immigration plan, I
committed to putting in place strict guidelines to protect sensitive locations,
including emergency shelters. We’ll also develop best practices at the federal
level to help state and local governments develop plans for at-risk communities
— including for extreme heat or cold — and require that evacuation services
and shelters are fully accessible to people with disabilities. During
emergencies, we will work to ensure that critical information is shared in ways
that reflect the diverse needs of people with disabilities and other at-risk
communities, including through ASL and Braille and languages spoken in the
community. We will establish a National Commission on Disability Rights and
Disasters, ensure that federal disaster spending is ADA compliant, and support
people with disabilities in disaster planning. We will make certain that
individuals have ongoing access to health care services if they have to leave
their community or if there is a disruption in care. And we will ensure
that a sufficient number of disability specialists are present in state
emergency management teams and FEMA’s disaster response corps.
Ensure a just and equitable recovery. In the
aftermath of Hurricane Katrina,
disaster scammers and profiteers swarmed, capitalizing on others’ suffering to
make a quick buck. And after George W. Bush suspended the
Davis-Bacon Act, the doors were opened for contractors to under-pay and subject
workers to dangerous working conditions, particularly low-income and immigrant
workers. As president, I’ll put strong protections in place to ensure that
federal tax dollars go toward community recovery, not to line the pockets of
contractors. And we must maintain high standards for workers even when disaster
Studies show that the white and wealthy receive
more federal disaster aid, even though they are most able to financially
withstand a disaster. This is particularly true when it comes to housing —
FEMA’s programs are designed to protect homeowners, even as homeownership
has slipped out of reach for
an increasing number of Americans. As president, I will reform post-disaster
housing assistance to better protect renters, including a commitment to a
minimum of one-to-one replacement for any damaged federally-subsidized
affordable housing, to better protect low-income families. I will work with
Congress to amend the Stafford Act to make grant funding more flexible to allow
families and communities to rebuild in more resilient ways. And we will
establish a competitive grant program, based on the post-Sandy Rebuild by Design pilot,
to offer states and local governments the opportunity to compete for additional
funding for creative resilience projects.
Under a Warren Administration, we will monitor post-disaster recovery to help
states and local governments better understand the long-term consequences and
effectiveness of differing recovery strategies, including how to address climate gentrification,
to ensure equitable recovery for all communities. We’ll center a right to
return for individuals who have been displaced during a disaster and prioritize
the voices of frontline communities in the planning of their return or
relocation. And while relocation should be a last resort, when it occurs, we
must improve living standards and keep communities together whenever possible.
Holding Polluters Accountable
In Manchester, Texas, Hurricane Harvey’s damage wasn’t
apparent until after the storm had passed — when a thick, chemical smell
started wafting through the majority Latinx community, which is surrounded by
nearly 30 refineries and
chemical plants. A tanker failure had released 1,188 pounds of
benzene into the air, one of at least one hundred area leaks that happened in
Harvey’s aftermath. But because regulators had turned off air
quality and toxic monitoring in anticipation of the storm, the leaks went
unnoticed and the community uninformed.
This should have never been allowed to happen. But
Manchester is also subject to 484,000 pounds of
toxic chemical leaks on an average year. That’s not just a tragedy — it’s an
outrage. We must hold polluters accountable for their role in ongoing, systemic
damage in frontline communities. As president, I will use all my authorities to
hold companies accountable for their role in the climate crisis. Here’s how we
can do that:
Exercise all the oversight tools of the federal
government. A Warren Administration will encourage the EPA and Department
of Justice to aggressively go after corporate polluters, particularly in cases
of environmental discrimination. We need real consequences for corporate
polluters that break our environmental law. That means steep fines, which we
will reinvest in impacted communities. And under my Corporate Executive Accountability
Act, we’ll press for criminal penalties for executives when their
companies hurt people through criminal negligence.
Use the power of the courts. Thanks to a Supreme
Court decision, companies are
often let completely off the hook, even when their operations inflict harm on
thousands of victims each year. I’ll work with Congress to create a private
right of action for environmental harm at the federal level, allowing individuals
and communities impacted by environmental discrimination to sue for damages and
hold corporate polluters accountable.
Reinstitute the Superfund Waste Tax. There are over 1300 remaining
Superfund sites across the country, many located in or adjacent to frontline
communities. So-called “orphan” toxic waste clean-ups were originally funded by
a series of excise taxes on the petroleum and chemical industries. But thanks
to Big Oil and other industry lobbyists, when that tax authority expired in
1995 it was not renewed. Polluters must pay for the consequences of their
actions — not leave them for the communities to clean up. I’ll work with
Congress to reinstate and then triple the Superfund tax, generating needed
revenue to clean up the mess.
Hold the finance industry accountable for its role in the
climate crisis. Financial institutions and the insurance industry underwrite
and fund fossil fuel investments around the world, and can play a key role in
stopping the climate crisis. Earlier this year, Chubb became the
first U.S. insurer to commit to stop insuring coal projects, a welcome
development. Unfortunately, many banks and insurers seem to be moving in the
opposite direction. In fact, since the Paris Agreement was signed, U.S. banks
including JPMorgan Chase, Wells Fargo, Citigroup, and Bank of America have
actually increased their
fossil fuel investments. And there is evidence that big banks are replicating a tactic they
first employed prior to the 2008 crash — shielding themselves from climate
losses by selling the mortgages most at risk from climate impacts to Fannie Mae
and Freddie Mac to shift the burden off their books and onto taxpayers at a
To accelerate the transition to clean energy, my Climate Risk Disclosure Act would
require banks and other companies to disclose their greenhouse gas emissions
and price their exposure to climate risk into their valuations, raising public
awareness of just how dependent our economy is on fossil fuels. And let me be
clear: in a Warren Administration, they will no longer be allowed to shift that
burden to the rest of us.
Some of the biggest names
in the video games industry, with a combined audience of 970 million players, have
formally committed to harness the power of their platforms to take action in
response to the climate crisis. Combined, these commitments from 21 companies
will result in a 30 million ton reduction of CO2 emissions by 2030, will see
millions of trees planted, new “green nudges” in game design and improvements
to energy management, packaging, and device recycling.
These voluntary commitments were
announced at UN Headquarters on the side-lines of the UN Secretary-General’s
Climate Action Summit. Under the banner of the Playing for the Planet Alliance,
CEOs from 14 platforms and games makers, including Sony Interactive
Entertainment, Microsoft, Google Stadia, Rovio, Supercell, Sybo, Ubisoft and
WildWorks, were present to showcase their commitments. The Alliance intends to
support companies in sharing learning and monitoring progress on the
“The video games industry has the
ability to engage, inspire and captivate the imaginations of billions of people
across the world. This makes them a hugely important partner in addressing the
climate emergency,” said Inger Andersen, Executive Director, UN Environment
Programme (UNEP). “We are encouraged by the commitment of these gaming
companies, which shows recognition that we all must play our role in the global
effort to lower carbon emissions and effect real change towards
These commitments were facilitated by
UNEP with the support of Playmob and following the GRID-Arendal study Playing
For The Planet, which outlines how the video games
industry, which reaches 2.6 billion people globally, can support action on the
“Today at the UN Climate Summit, I am
honored and feel privileged to join leaders in the gaming industry to make
commitments to contribute to the efforts of the UN,” said Jim Ryan, President
and CEO of Sony Interactive Entertainment. “At PlayStation, we believe games
have the power to ignite social change through educating people, evoking
emotions, and inspiring hope. We could not be prouder to be part of the Playing
for the Planet Alliance and we look forward to seeing what the industry can
“Climate change is impacting each
industry and every sector, and we believe technology can play a critical role
in enabling and empowering the response to this challenge,” said Phil Spencer,
executive vice president of gaming at Microsoft. “Initiatives like our
Minecraft Build a Better World Campaign and CarbonNeutral Xbox pilot provide a
great opportunity to tap into Microsoft’s technology sustainability and gaming
community to make a difference in this key area of our business.”
The commitments include:
Sony Interactive Entertainment will
unveil new progress and plans to utilize energy efficient technology (on-track
to avoid 29 million tons of CO2 emissions by 2030), to introduce low power
suspend mode for next generation PlayStation, to assess and report their carbon
footprint and to educate and inspire the gaming community to take action on
Microsoft will announce the
expansion of its existing operational commitment to carbon neutrality,
established in 2012, into its devices and gaming work. It will set a new target
to reduce its supply chain emissions by 30 per cent by 2030 – including
end-of-life for devices – and to certify 825,000 Xbox consoles as carbon
neutral in a pilot program. In addition, Microsoft will engage gamers in
sustainability efforts in real life through the Minecraft its ‘Build a Better
World’ initiative, which has seen players take more than 20 million in-game
Google Stadia, which is set to
launch later in the year, will produce a new Sustainable Game Development Guide
as well as funding research into how “green nudges” can be effectively
incorporated into game play.
Supercell (Clash of Clans) will
offset the entire footprint of their community, Rovio (Angry Birds)
has offset the carbon impact from their players charging their devices,
and Sybo (Subway Surfer) and Space Ape (Fastlane) will
offset 200 per cent of their studio and their gamers mobile energy use.
Guidance documents will assist other companies to take similar actions.
Wild Works (Animal Jam) will
integrate restoration elements in games and, like Green Man Gaming, they
will focus on restoring some of the world’s forests with major tree-planting
Ubisoft will develop in-game
green themes and will source materials from eco-friendly
factories and Sports Interactive will eliminate 20 tonnes of
packaging by switching from plastic to a recycled alternative for all future
Football Manager releases.
Creative Mobile’s ZooCraft will
evolve into a conservation-focused game with Reliance Games (Little
Singham) generating awareness in the fastest growing mobile gaming market
by creating awareness with kids to make them ambassadors for climate change
with in-game events and initiatives across India. The biggest independent gaming
platform in China, iDreamSky has committed to putting green nudges
into its games.
E-Line Media (Never Alone, Beyond
Blue), Strange Loop (Eco) and Internet of Elephants (Safari
Central) will share their expertise of making high impact environmentally oriented
games into the Alliance
Finally, Twitch have
committed to utilizing their platform to spread this message to the global
gaming community with Niantic Inc (Pokemon Go) committing to engage
their community to act around sustainability issues.
campaigns connected to our Angry Birds games and movies over the years, we know
our fans are just as angry as us about climate change,” said Kati
Levoranta, Rovio Entertainment CEO. “Considering the enormity of the
environmental challenges that face us in years to come, we as an industry must
stand with our players and be evangelists for action.”
Too often, there can be a trade-off
between games that are designed to be educational but without reaching the
masses. To address this, many of the companies will host design-jams with their
creatives to consider how they can mindfully incentivize better environmental
outcomes within the games, without limiting the fun and enjoyment for players.
Speaking in support of this
initiative, Mathias Gredal Norvig, CEO of Sybo, the organization behind Subway
Surfer, said: “Video gaming might seem like an unlikely ally in this
battle, but this Alliance is a critical platform where all of us can play our
part to decarbonize our impact and bring the issues into gameplay. I am a
strong believer in sparking curiosity and conversations wherever people are,
and with 2 billion people playing games, this platform has a reach that’s
second to none.”
Amit Khanduja, CEO of Reliance Games,
said: “The Mobile Games industry has to take the lead in the emerging
markets to raise awareness among the next billion gamers coming online to lead
the way for climate change. We are honoured to be part of this strong UN
initiative for a better tomorrow.”
Members of the Alliance that have made
commitments include: Creative Mobile, E-Line Media, Google Stadia, Green Man
Gaming, iDreamSky, Internet of Elephants, Microsoft, Niantic Inc, Pixelberry,
Reliance Games, Rovio, Space Ape, Sports Interactive, Supercell, Sony
Interactive Entertainment, Strange Loop, Sybo, Twitch, Ubisoft, WildWorks and
will be supported by Playmob.
The vigorous contest
of Democrats seeking the 2020 presidential nomination has produced excellent
policy proposals to address major issues. Senator Bernie Sanders, in the town
of Paradise, California, which was obliterated in last season’s wildfires, unveiled
his Green New Deal, “the only plan bold
enough to confront the climate crisis and create an economy that works for all.”
Under Sanders’ plan, the United States will reach 100 percent renewable energy
for electricity and transportation by no later than 2030 and complete decarbonization
by 2050. This is from the Sanders campaign:
is a pivotal moment in the history of America — and really, in the history of
humanity. The climate crisis is not only the single greatest challenge facing
our country; it is also our single greatest opportunity to build a more just
and equitable future, but we must act immediately,” said Sen. Sanders. “When we
are in the White House, we will launch the decade of the Green New Deal, a
10-year mobilization to avert climate catastrophe during which climate change,
justice and equity will be factored into virtually every area of policy, from
immigration to trade to foreign policy and beyond.”
Green New Deal boldly embraces the moral imperative of addressing the climate
crisis and builds on an unprecedented grassroots movement powerful enough to
take on the fossil fuel industry and win. As president, Sanders will mobilize
the political will necessary for a wholesale transformation of our society,
with support for frontline communities and massive investments in sustainable
energy, energy efficiency, and a transformation of our transportation system.
Green New Deal will avert climate catastrophe, transform our energy system,
build an economy for all and end the greed of the fossil fuel industry
Ending unemployment by creating 20 million jobs needed to solve the climate crisis.
Ensuring a just transition for communities and workers, including fossil fuel workers.
Ensuring justice for frontline communities, especially under-resourced groups, communities of color, Native Americans, people with disabilities, children and the elderly.
Saving American families money with investments in weatherization, public transportation, modern infrastructure and high-speed broadband.
Committing to reducing emissions throughout the world.
Green New Deal will pay for itself over 15 years by holding the fossil fuel
industry accountable for the damage it has caused. Sanders’ plan will:
Make the fossil fuel industry pay for their pollution, through litigation, fees, and taxes, and by eliminating federal fossil fuel subsidies.
Generate revenue from the wholesale of energy produced by the regional Power Marketing Authorities. Revenues will be collected from 2023-2035, and after 2035 electricity will be virtually free, aside from operations and maintenance costs.
Scale back military spending on maintaining global oil dependence.
Collect new income tax revenue from the 20 million new jobs created by the plan.
Reduce the need for federal and state safety net spending due to the creation of millions of good-paying, unionized jobs.
Make the wealthy and large corporations pay their fair share.